Link Real Estate Investment Trust

Link Real Estate Investment Trust, a Hong Kong-headquartered real estate services company, has reported its carbon emissions and established ambitious climate commitments.

For the fiscal year 2025, Link REIT reported total Scope 1 emissions of 7,719,000 kg CO2e and Scope 2 emissions of 108,954,000 kg CO2e. Their Scope 3 emissions for the same period amounted to 484,232,000 kg CO2e. Key categories within Scope 3 included downstream leased assets at 330,944,000 kg CO2e, fuel and energy related activities at 52,524,000 kg CO2e, and purchased goods and services at 36,377,000 kg CO2e.

Looking back, in FY2024, the company's Scope 1 emissions were 3,309,000 kg CO2e, Scope 2 emissions were 75,950,000 kg CO2e, and Scope 3 emissions were 315,556,000 kg CO2e. In FY2023, Scope 1 emissions were 6,194,000 kg CO2e, Scope 2 emissions were 80,581,000 kg CO2e, and Scope 3 emissions totalled 366,600,000 kg CO2e.

Link REIT has set Science Based Targets initiative (SBTi) validated targets. The company is committed to achieving net-zero greenhouse gas (GHG) emissions across its entire value chain by FY2050.

Their near-term targets, with a base year of FY2021, include:

• A 50.4% absolute reduction in Scope 1 and 2 GHG emissions by FY2032.
• A 30% absolute reduction in Scope 3 GHG emissions from fuel and energy related activities and downstream leased assets within the same timeframe (by FY2032).

For long-term goals, with a FY2021 base year, Link REIT aims for:

• A 90% absolute reduction in Scope 1 and 2 GHG emissions by FY2050.
• A 90% absolute reduction in Scope 3 GHG emissions by FY2050.